Financing

  • Gaspack Secures Pre-Seed Investment Round to Promote Inclusive NFT Environment

    According to reports, Gaspack, a digital creation platform based on NFT, announced the completion of a pre feed round of financing, led by eMerge and Arise, angel investor networks under MDI Ventures, and participated by venture capital firm 500 Global and blockchain ecosystem Tokoin. Gaspack was founded in 2022 to help creators create a more inclusive NFT environment to support creators and brands in the Web3 economy, and promote the decentralization of intellectual property development. At this stage, it mainly focuses on the field of digital comics. (sbr) Gaspack, a digital creation platform based on NFT, completed a pre feed round of financing Analysis based on this information:Gaspack, a digital creation platform founded in 2022 to promote a more inclusive NFT environment for creators and brands, has announced the completion of its pre-seed round of financing. The round was led by eMerge and Arise, angel investor networks under MDI Ventures, and 500 Global and blockchain ecosystem Tokoin participated in the…

    03/16/2023
    2
  • ShowMeta Completes First Round of Financing for MetaUniverse Platform

    On March 16th, the ShowMeta MetaUniverse platform announced that it had completed the first round of financing on the social media platform, with a total investment of 840000 US dollars. The ShowMeta meta universe platform will enter the final round of testing to ensure the reliability and performance of the platform. Pioneer users participating in the test will receive 100000 Token rewards. ShowMeta yuan universe platform announced completion of $840000 financing Analysis based on this information:ShowMeta MetaUniverse platform recently announced that it has successfully completed the first round of financing, raising a total of $840,000. The platform developer has revealed that the funds raised will be used to enhance the reliability and performance of the platform, which will soon enter the final testing phase. It has also been announced that early testers of the platform will receive a reward of 100,000 tokens. The ShowMeta MetaUniverse platform is an exciting new social media platform that aims to connect people from around…

    03/16/2023
    2
  • Stripe Raises $6.5 Billion in Funding at a $50 Billion Valuation

    According to reports on Stripe’s official website, payment giant Stripe announced a $6.5 billion financing at a valuation of $50 billion, with investors including a16z, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, Thrive Capital, GIC, Goldman Sachs, and Temasek. Stripe completed $6.5 billion financing to provide liquidity for employees Analysis based on this information:Stripe, the payment giant, has raised $6.5 billion in financing at a valuation of $50 billion, as announced in a report on its official website. The funding round attracted several investors, including a16z, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, Thrive Capital, GIC, Goldman Sachs, and Temasek. This latest round of financing is a testament to Stripe’s innovative payment platform, which has become an essential tool for businesses of all sizes. The company’s focus on simplifying payments for its clients has been its driving force, and this has led to its growth and success. Stripe now processes billions of dollars in payments every year and…

    03/16/2023
    2
  • African Payment Platform Chipper Cash Weighs Options Including Sale or Finding New Investors

    It is reported that the source revealed that the African cross-border payment platform Chipper Cash, supported by the Silicon Valley Bank (SVB) and the Cryptocurrency Exchange FTX, is weighing various options, including exploring the sale or finding new investors. Chipper Cash received a US $250 million financing led by FTX and SVB in 2021. FTX invested a total of US $40 million in it, and SVB owned 2% of its equity. At that time, its valuation was about US $2 billion. (Bloomberg) Chipper Cash is considering selling and has been invested by Silicon Valley Bank and FTX Analysis based on this information:Chipper Cash, the cross-border African payment platform, is reportedly exploring a range of options, including a potential sale or finding new investors. The company has been supported by the Silicon Valley Bank (SVB) and the Cryptocurrency Exchange FTX, who led a $250 million financing round in 2021. FTX invested a total of $40 million in the platform, while SVB…

    03/15/2023
    2
  • Capital Cryptowallet Infrastructure Start-Up Secures Investment from Andreessen Horowitz and Others

    It is reported that Capital, a cryptowallet infrastructure start-up, completed an unknown amount of financing, with Andreessen Horowitz (through its accelerator Crypto Startup School) and Geometry co-leading the investment, and Diogo Monica and Nathan McCauley, co-founders of Spice Capital and Anchorage, Rene Reinsberg and Marek Olszewski, co-founders of Celo, and Zaki Manian, co-founder of Sommerier Finance, participating in the investment. A16z’s CSS accelerator program usually invests $500000 in participating startups in exchange for 7% equity. (The Block) Cryptowallet infrastructure start-up Capsule completes financing of unknown amount Analysis based on this information:Capital, a blockchain infrastructure start-up that provides a secure and user-friendly solution for managing digital assets, has reportedly raised undisclosed funding. The investment round was led by Andreessen Horowitz, a leading venture capital firm, through its Crypto Startup School accelerator program. Geometry, a Singapore-based investment firm, also participated in the funding round. Co-founders of Spice Capital and Anchorage, Diogo Monica and Nathan McCauley, Celo co-founders Rene Reinsberg and Marek Olszewski,…

    03/15/2023
    1
  • CNHC Group Defaults on Finance Round

    According to reports, the stable currency issuer CNHC Group completed a US $10 million A+round of financing. KuCoin Ventures led the investment, with other investors including Circle and IDG Capital. According to CNHC co founder Joy Cham, it is currently issued on the Ethereum and Conflux blockchains, with a total supply of approximately 15 million tokens (worth approximately $2 million). Tether’s CNHT currently has a total supply of approximately 20 million tokens. Stable currency issuer CNHC Group completed a US $10 million A+round financing Analysis based on this information:The news report indicates that the stable currency issuer CNHC Group has successfully concluded a $10 million A+ round of financing. It has emerged that the investment round was led by KuCoin Ventures, with Circle and IDG Capital also participating in the funding. According to Joy Cham, co-founder of CNHC, the stable currency token is currently issued on the Ethereum and Conflux blockchains, with a total supply of around 15 million tokens…

    03/15/2023
    1
  • Alex Raises $2.5M Strategic Funding to Expand Decentralized Finance Ecosystem

    It is reported that Alex, the decentralized exchange of Bitcoin, completed a strategic round of financing of US $2.5 million, with the participation of Trust Machines and Gossamer Capital. In addition to decentralized exchanges, Alex also provides pledge, income agriculture and start-up board services. The funds raised this time will be used to continue to establish decentralized finance in the Bitcoin ecosystem and expand user communities. Alex, the Bitcoin Decentralized Exchange, completed the financing of US $2.5 million Analysis based on this information:Alex, the decentralized exchange of Bitcoin, announced that it recently secured a strategic funding round of US $2.5 million, with participation from Trust Machines and Gossamer Capital. The funds will be used to continue to establish decentralized finance (DeFi) in the Bitcoin ecosystem and expand user communities. Alex, founded in 2019, provides several DeFi services, including decentralized exchanges, pledge, income agriculture, and start-up board services. Through its platform, users can securely trade and invest in cryptocurrencies without the…

    03/14/2023
    1
  • South Korean K-Pop Company Afun Interactive Secures $5.3M Bridge Financing with Shinhan Asset Management

    On March 13, the South Korean “virtual K-pop” yuan universe company Afun Interactive announced that it had completed a round A bridge financing of 7 billion won (about US $5.3 million), and Shinhan Asset Management participated in the investment. The company raised 10 billion won (about US $7.6 million) in the previous round A financing. At that time, the investors included CJ Investment, Company K Partners and CJ ENM. Afun Interactive, a company of Yuan Universe, completed the financing of round A bridge of US $5.3 million Analysis based on this information:Afun Interactive, the South Korean company that pioneers virtual K-Pop, has announced that it has completed a round A bridge financing of 7 billion won or approximately US $5.3 million, with Shinhan Asset Management contributing to the investment. The company, which raised 10 billion won or US $7.6 million in the previous round of financing, included CJ Investment, Company K Partners, and CJ ENM as investors. K-Pop, which stands…

    03/13/2023
    1
  • Beliver Raises $55 Million in Financing

    It is reported that the game start-up company Beliver founded by Michael Chow and Steven Snow, the former executives of the Bitcoin mining company Riot, comple…

    03/07/2023
    3
  • OPNX Completes Financing Transactions but Investors Remain a Mystery

    It is reported that according to DefiIgnas, a researcher at DeFi, the public market OPNX for encryption claims trading and derivatives founded by Zhu Su, found…

    03/07/2023
    2
  • Rebel Girls secures $8 million in funding to explore metauniverse platform

    It is reported that Rebel Girls, a female content brand, has completed a financing of US $8 million. The publishing giant Penguin Random House led the investme…

    03/07/2023
    2
  • BIKA secures $10 million funding round to boost growth and expansion

    According to the official news, in a letter from BIKA to global investors, it was disclosed that BIKA had completed a round of financing of US $10 million, led…

    03/07/2023
    2
  • Cryptocurrency Goes Mainstream with Divly’s $400K Financing

    On March 7, Divly, a crypto tax service startup, announced that it had completed a $400000 financing, with DHS Venture Partners, Green Ventures and YEoS Ventur…

    03/07/2023
    3
  • Swiss Bitcoin Platform Relai Secures $4.5 Million in Funding

    It is reported that the Swiss Bitcoin platform Relai announced the completion of a new round of financing of US $4.5 million, with the participation of ego dea…

    03/07/2023
    2
  • Cryptocurrency Funding Slips Down

    It is reported that this week has been a calm week in terms of financing in the encryption industry. The funding provided to cryptocurrency start-ups was sligh…

    03/06/2023
    2
  • Ethereum’s Expansion Project, Scroll, Raises $50 Million in Funding

    It is reported that the Ethereum expansion project Scroll announced that it had raised $50 million in a new round of financing. Investors in this round of fina…

    03/06/2023
    3
  • Fungies.io Launches Pre-Seed Round of Financing to Expand Web3 Gaming Platform

    It is reported that the Web3 game business platform Fungies.io announced the launch of the pre-seed round of financing, with the goal of completing the round o…

    03/06/2023
    3
  • Verofax, a Blockchain Traceability Service Company, Completes US $750,000 Financing

    It is reported that Verofax, a blockchain traceability service company, announced the completion of a US $750000 financing, which was carried out through Beban…

    03/05/2023
    2
  • Singapore’s Fintech Industry Hits Record Activity Level but Financing Falls Sharply

    It is reported that according to the recently released data, the activity level of Singapore\’s financial technology industry hit a record high in 2022, but the…

    03/03/2023
    2
  • Redeem Raises $2.5 Million to Allow NFT Transmission via SMS

    It is reported that the connection layer of Redeem, which has nothing to do with the blockchain, raised $2.5 million in financing to enable individuals to tran…

    03/02/2023
    3